BlackRock 2037 Municipal Target Term Trust
BMN
18 hedge funds and large institutions have $33.9M invested in BlackRock 2037 Municipal Target Term Trust in 2024 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more capital invested
Capital invested by funds: $31.2M → $33.9M (+$2.71M)
1.69% more ownership
Funds ownership: 19.87% → 21.57% (+1.7%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
5% less funds holding
Funds holding: 19 → 18 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$63.6K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$49.4K |
| 4 |
WIM
Westside Investment Management
Santa Monica,
California
|
+$33.7K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$24.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$538K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$363K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$323K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$209K |
| 5 |
VanEck Associates
New York
|
-$110K |
BMN Hedge Fund Activity: Q4 2024 in Review
18 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in BlackRock 2037 Municipal Target Term Trust (BMN) for Q4 2024, worth a combined $33.9M — up 8.7% from $31.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BMN positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.49M. The largest seller was Citadel Advisors, exiting entirely with an estimated $538K sold.
- 18 institutional investors held BlackRock 2037 Municipal Target Term Trust (BMN) as of Q4 2024, down from 19 in Q3 2024.
- Funds reported $33.9M of BlackRock 2037 Municipal Target Term Trust stock for Q4 2024, up 8.7% quarter-over-quarter.
- 3 funds opened new BlackRock 2037 Municipal Target Term Trust positions in Q4 2024 and 2 closed out, a net change of +1 holder.
- The largest BlackRock 2037 Municipal Target Term Trust buyer in Q4 2024 was Morgan Stanley, an estimated $2.49M added.
- The largest BlackRock 2037 Municipal Target Term Trust seller in Q4 2024 was Citadel Advisors, an estimated $538K sold.
Based on aggregated 13F filings for Q4 2024.